This form is a Contract for the sale of real estate for use in Georgia. It can be used for a cash sale, assumption or new loan buyer. The contract contains provisions common to a real estate transaction. No broker involved.
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CONTRACT FOR THE SALE AND PURCHASE OF REAL ESTATE NO BROKER For good and valuable consideration the receipt and sufficiency of which is hereby acknowledged Seller whether one or more and Buyer whether one or more do hereby covenant contract and agree as follows AGREEMENT TO SALE AND PURCHASE Seller agrees to sell and Buyer agrees to buy from Seller the property described as follows complete adequately to identify property Lot Address of the District Section of County Georgia. Address/Zip...
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Hi my name is Rick Andrews I'm with century 21 scenic Realty and day today we're going to be discussing the Georgia purchase and sale agreement if you're buying property in the mountains you're definitely going to need to know about that as always those you're looking to buy or sell in the mountains please click on the appropriate link on our site whether you're looking to buy or sale please click on the appropriate link thank you for tuning in today if you're looking to buy real estate in the state of Georgia in the mountains in particular where I help folks buy sell and rent where you're going to have to work with the Georgia purchase and sale agreement it's a seven-page document got a copy of it here and it is single spaced and it is detailed thankfully a few years back three four years ago the real estate commission and I guess the Georgia bar got together and they moved all the important blanks that you have to fill in to the front page so essentially most of language in it is all in the back is boilerplate and on the front page are the questions that you'll have to answer whether you're looking to buy or sale this is the form unless it's something particularly difficult then you'll want to hire an attorney to write the agreement but otherwise if you're working with a real estate agent in the state of Georgia you're going to be working with a seven page document called the purchase and sale agreement I'd like to go over the initial page because these are the questions if you're looking to buy or sell you're going to have to answer and number one let's start with number one number one is basically please describe the property typically you just attach the deed to the property and the address which makes it easy if it's a home if it's land makes it a little more difficult you want to see if you've got a survey or plaque you can attach there number two is is there a survey and I and if you watched any of my videos you know I always recommend getting a survey if you're looking to purchase up here but if you do have a sir may you attach it if you don't want to really encourage you to get a survey if you're looking to buy in the mountains number three of course is the purchase price how much are you offering you need to put that in number four is closing costs sometimes buyers ask sellers to contribute to their closing costs some certain loans things of that nature and you can insert that in there typically they don't but they can they're number five five eight specifically is the closing date what day are y'all sitting down with the lawyer and closing it although a lot of our closings are by mail the lawyer still will normally do an overnight packet and go over everything on the phone with you five B is seller retains possession through now normally the seller retains possession up here through the closing at closing the buyer then retains takes over I should say possession however occasionally you have a buyer that has to get into a property a...